Mfasc Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 404,546 | 466,199 | −61,653 | 17.3 | 0% |
| 2012 | 415,160 | 482,152 | −66,992 | 13.8 | 0% |
| 2013 | 528,635 | 486,794 | 41,841 | 14.8 | 0% |
| 2014 | 442,514 | 505,871 | −63,357 | 17.4 | 0% |
| 2015 | 456,809 | 525,864 | −69,055 | 15.2 | 0% |
| 2016 | 471,558 | 540,173 | −68,615 | 13.2 | 0% |
| 2017 | 486,700 | 555,253 | −68,553 | 11.4 | 0% |
| 2018 | 502,321 | 570,874 | −68,553 | 9.7 | 0% |
| 2019 | 519,053 | 578,358 | −59,305 | 8.3 | 0% |
| 2020 | 534,983 | 586,330 | −51,347 | 7.1 | 0% |
| 2021 | 539,156 | 590,502 | −51,346 | 6.0 | 0% |
| 2022 | 539,156 | 590,507 | −51,351 | 5.0 | 0% |
| 2023 | 539,156 | 590,502 | −51,346 | 4.0 | 0% |
In its most recent public year (2023), this organization spent $51,346 more than it brought in. Its reserves stood at about 4 months of spending, down from 17.3 in 2011. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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